# PPP loan: CALUMET AREA INDUSTRIAL DEVELOPMENT COMMISSION
> **$156K** approved 04/27/2020 · Paid in Full · Loan `5355197203`
## Borrower
- **Name:** CALUMET AREA INDUSTRIAL DEVELOPMENT COMMISSION
- **Address:** 1000 E. 111TH ST Suite 700, CHICAGO, IL, 60628-4614
- **NAICS:** 541690
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $138K (89%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Rent:** $13K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Jobs reported:** 11
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*